Quarterly report pursuant to Section 13 or 15(d)

Leases and Mortgage Receivables

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Leases and Mortgage Receivables
3 Months Ended
Sep. 30, 2013
Leases And Mortgage Receivables  
Lease and Mortgage Receivables

Note (3) - Lease and Mortgage Receivables: Lease and mortgage receivables result from customer leases of equipment under arrangements which qualify as sales type leases. At September 30, 2013, future lease payments, (net of deferred interest of $10,021 at September 30, 2013), due under these leases was $68,021. At June 30 2013, future lease payments, (net of deferred interest of $12,491 at June 30, 2013), due under these leases was $80,288.